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Thousands will receive stimulus checks starting this Tuesday in the United States

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Thousands will receive stimulus checks starting this Tuesday in the United States

Seniors in Michigan to Receive Extra Money Through State’s Tax Credit Expansion

Michigan is set to begin the first round of payments for the expansion of the tax credit for working families this Tuesday, February 13. This expansion will result in an average payment of about $550 USD for eligible seniors, although the exact amount may vary for each individual.

Approximately 700,000 families in Michigan will begin receiving payments starting this Tuesday and continuing for the next five or six weeks. The Michigan Department of Revenue will notify eligible residents of the difference between the 6% working families tax credit and the 30% value of the credit, along with their 2022 tax refund based on legislation passed in 2023. This is intended to provide households with the exact amount of money they will receive.

Governor Gretchen Whitmer emphasized that by increasing the tax credit for working families, the state is returning approximately $550 USD to 700,000 families, directly benefiting half of the children in Michigan. This extra money can be used to pay bills, buy food, or purchase school supplies.

Eligible individuals will automatically receive their payment without the need for any paperwork. However, for those with doubts or seeking additional information, the Michigan Department of the Treasury’s website is available for assistance.

The state’s expansion of the tax credit for working families aims to provide much-needed financial support to seniors and families in Michigan, and the first round of payments is set to begin this week.

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